Raana Biofuels Private Limited is embarking on a transformative venture with the establishment of an Ethanol Unit Project in Manaparai, Tiruchchirappalli, Tamil Nadu. With an estimated project cost of ₹145 Crores, this initiative underscores the company's commitment to advancing sustainable energy solutions and promoting biofuel production in India. While specific project inclusions, such as the feedstock and technology, remain undisclosed, it is likely that the facility will focus on producing ethanol, a renewable fuel derived from fermented sugars.
The project's potential benefits are significant and far-reaching. By contributing to India's efforts to increase ethanol blending in gasoline, Raana Biofuels aims to enhance energy security and reduce the nation's dependence on fossil fuels. Moreover, the project holds promise for driving economic development in the Manaparai area, potentially creating job opportunities and stimulating growth within the local biofuels sector. Additionally, if utilizing molasses as a feedstock, the project could address waste management challenges by repurposing this by-product of sugar production into a valuable resource for biofuel production.
News by Rahul Yelligetti